Compare Pepperstone vs Rakuten Securities


Online brokers compared for fees, trading platforms, safety and more. See how Pepperstone stacks up against Rakuten Securities!

Pepperstone vs Rakuten Securities
overall rating
4.4
3.6
overall pros
  • Low forex and equity index CFD fees
  • Great customer service
  • Seamless and free deposit and withdrawal
  • Low fees
  • Easy and fast account opening
  • Good mobile trading platform
overall cons
  • Only forex, CFDs, and crypto
  • Basic news flow, no fundamental data
  • No investor protection for non-EU clients
  • Limited product portfolio
  • Missing web trading platform
  • Poor customer service
fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
4.0
  • Low trading fees
  • Low forex fees
  • No inactivity fee
  • High withdrawal fee for international bank transfers and electronic wallets
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.8
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • High bank withdrawal fee for clients outside the EU/Australia
3.1
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • Available in several languages
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.8
  • Forex
  • CFD
  • Crypto
1.2
  • Forex
  • CFD
research
2.8
  • Trading ideas
  • Great market analysis
  • No fundamental data available
  • Poor news flow
1.5
  • Trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
0.5
  • No 24/7 support
  • Slow support
  • Irrelevant answers
education
4.0
  • Demo account
  • Trading platform tutorial
  • Good educational texts
  • Webinars
  • No educational videos
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Parent company is listed on stock exchange
  • No investor protection
  • No negative balance protection
recommended for Forex traders looking for low fees and good customer service Forex traders looking for low fees and for those who prefer the MetaTrader 4 trading platform
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